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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Ruffian who wrote (30576)5/24/1999 9:18:00 AM
From: Jim Willie CB  Respond to of 152472
 
aint be selling this juggernaut, Michael
maybe a mild trim on hope of a buyback cheaper

IF SMOKEFREE AND NAKED, NEAR ZERO INFLATION!!!

why does the stock market get into such a tizzy with CPI reports?
Business Week reports that 3/4 of the core CPI rise was due to cigarettes, with second most coming from clothing... tobacco is on a torrid rise of 33% annualized inflation to cover their asses in lawsuits... clothing rose a minor amount... also industrial capacity utilization rose about 0.5% from a very low level to a low level

BIG FARTING DEAL... outgoing RobRubin said inflation is no threat... TBond futures will outperform QCOM starting a week ago until my Midsummer Night Dream

TBond yield is looking very weak... it has fallen 160 basis points from an intraday peak of 5.94%, now under 5.8%... might see a reflex profittaking bump up in yield, but this thing is heading down

QCOM has been following Nasdaq, which has been following TByield... can you believe we just got whacked by rising tobacco prices????

stocks were vulnerable after massive tech appreciation... let the rally begin here

/ smokefree & naked in Boston